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Barclays Keeps Their Hold Rating on Huntington Bancshares (HBAN)

Tipranks - Tipranks - Fri Jun 26, 3:32AM CDT

Barclays analyst Jason Goldberg maintained a Hold rating on Huntington Bancshares today and set a price target of $20.00.

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Goldberg covers the Financial sector, focusing on stocks such as Citigroup, Truist Financial, and KeyCorp. According to TipRanks, Goldberg has an average return of 14.7% and a 70.02% success rate on recommended stocks.

In addition to Barclays, Huntington Bancshares also received a Hold from Stephens’s Matt Olney in a report issued on June 15. However, on June 12, Evercore ISI maintained a Buy rating on Huntington Bancshares (NASDAQ: HBAN).

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Based on Huntington Bancshares’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.77 billion and a net profit of $523 million. In comparison, last year the company earned a revenue of $2.98 billion and had a net profit of $527 million

Based on the recent corporate insider activity of 225 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, James Rollins, a Director at HBAN sold 223,522.00 shares for a total of $3,878,106.70.

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